The Gold Stock Correction and What Lays Ahead [w/ edit]
[edit] For comic relief here's an email response to this post. I don't know what forecast he's talking about, the short-term correction view (already well along) or the longer-term upside…
[edit] For comic relief here's an email response to this post. I don't know what forecast he's talking about, the short-term correction view (already well along) or the longer-term upside…
If you see any sources out there talking about a "hit job", an "attack" or other such language about the precious metals correction, especially in the miners, you should probably…
You may or may not know that I consider Bob Hoye an influence of mine. Many years ago his views, especially about the proper fundamentals for the gold mining industry,…
Hey, it occurs to me that I bludgeon you to death with macro ratio charts, indicators and theory while not so often publicly doing the thing I like best, which…
Bueller? What is the difference between the precious metals rally of 2019 and the rally of 2016? Well, for one thing in 2016 as gold stocks bottomed and turned up…
When I bought (per the NFTRH Trade Log and weekly reports) this so many months ago I knew it was at a technical buy point and more generally, that I…
So do you want to be an optimist and note the very normal looking pullback to short-term support? Maybe a pullback to intermediate support at the SMA 50? Or do…
In NFTRH we use daily and weekly versions of these charts to gauge not only the fundamentals of the gold sector, but also the broader macro markets. Here are the…
And for you gold stock sports fans, I'd say that this happy macro news has accomplished something for you too; it has forced a gap fill on GDX, GDXJ and…
Contrary to majority opinion, gold and especially the gold mining stocks that leverage its macro status are not about inflation, especially cyclical inflation that runs with a positive economy. Making…
You sit there and tap your fingers, waiting... waiting... waiting... while the sector explodes and your other stuff tacks on huge gains. Tap... tap... tap... And then finally the world's…
A few observations on GDX when viewing the previous big time rally (which was probably the first move of a bull market that began in 2016). Click the chart for…
It's nice to see an orderly pullback in this sector because that is out of character with the pullbacks of the 2011-2018 bear market. I'll leave aside specific pullback projections,…
You may know me as the... ...guy. The guy using the planets of an imaginary gold sector Macrocosm with proper fundamentals that are decidedly not imaginary but rather, are necessary…